BREAKING: Ifo reading higher than expected. EURUSD below 1.17

Ifo Business Climate Index for August: 89 (forecast: 86.8; prior: 88.6)

Current conditions: 86.4 (forecast: 86.7; prior: 86.5)

Expectations: 91.6 (forecast: 90.3; prior: 90.8)

The Ifo data released today, particularly the expectations index, came in better than anticipated, providing a boost to German business sentiment. While the current conditions index saw a slight dip, the rise in the expectations index from a revised 90.8 to 91.6 suggests that despite ongoing challenges, German firms are feeling more optimistic about the future, what was also showed in PMI data.

This outcome indicates that the German manufacturing sector may be showing some resilience in the third quarter. The stabilization in overall business sentiment, even after the initial disappointment surrounding the US-EU trade deal, suggests that companies are adapting to the current environment and maintaining hope for an economic turnaround.

EURUSD is decreasing from the start of the Monday session but has ticked a little higher after the reading.

15 October 2026, 1:37 PM

Hot inflation data from the US🔥📈 PPI and retail sales are rising!

15 October 2026, 1:26 PM

Nickel market panic 🚩 INSG revises forecast, surplus in 2027?

15 October 2026, 1:04 PM

Market Wrap: Tech Sell-Off Hits Europe, Gold Shines Again

15 October 2026, 11:51 AM

Gold sell-off over? 🔼 Central banks buy the most in nearly two years

Forex Economic reports

Prefer XTB on Google

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days